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Jul 14, 2009 01:34PM
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Uranium Highlights July 14, 2009 OBAMA MAKES NUCLEAR COMPROMISE TO PASS CLEAN ENERGY BILL Excerpted from Guardian.co.uk: July 8, 2009 The Obama administration endorsed a revival of America’s nuclear industry yesterday in an effort to build forward momentum for climate change legislation before the Senate. “I think nuclear power is going to be a very important factor in getting us to a low carbon future,” [Steven Chu, energy secretary] told the Senate’s environment and public works committee. “Quite frankly, we want to recapture the lead on industrial nuclear power. We have lost that lead in many energy technologies and we want to get it back.” Republicans in the Senate…as well as Democrats from rust belt states, have been clamouring for a “nuclear renaissance” in America, which would see the construction of 100 new nuclear power plants by 2030. “Clean energy is to this decade and the next what the space race was to the 1950s and 60s and America is behind,” [Lisa Jackson, head of the EPA] told the Senate. “Governments in Asia and Europe are ahead of the United States in making aggressive investments in clean energy technology.” To read the entire article, please visit http://www.guardian.co.uk/environment/2009/jul/08/nuclea r-power-obama-us CHINA TO INCREASE NUCLEAR CAPACITY TEN-FOLD BY 2020 Excerpted from BusinessGreen.com: July 6, 2009 Government increases nuclear energy target for the third time in the past year [Yvonne Chan in Hong Kong]. China plans to increase its installed nuclear power capacity almost 10-fold to 86GW by 2020, as part of a bid to challenge coal’s dominant position in the country’s energy mix. The new goal builds on the 40 GW target for nuclear power capacity that was announced last year for the year 2020, and which was revised in April this year to 70GW. China currently has 11 nuclear reactors…Work on a further 24 reactors is now underway, with 22 GW of nuclear power capacity under construction as of last year. Nuclear energy has been earmarked by the government as a key component in China’s push to curb its carbon emissions and reduce the country’s reliance on coal. China is the world’s second largest energy user after the US, but accounts for only two per cent of the nuclear power produced globally, according to the International Atomic Energy Agency. Nuclear power is also enjoying a renaissance across the Asia-Pacific region. For example, Japan last month said it would need to generate about 40 per cent of its electricity from nuclear power by 2020 in order to meet greenhouse gas reduction goals. To read the entire article, please visit http://www.businessgreen.com/businessgreen/ news/2245435/china-increase-nuclear-capacity ITALY OVERTURNS NUCLEAR BAN Excerpted from Nuclear Engineering International: July 10, 2009 The Italian Parliament has overturned a ban on civil nuclear power that dates back to 1987…The law gives the government six months to prepare rules for a revival of the nuclear sector... In a statement, Enel CEO Fulvio Conti said: “…The return of nuclear in Italy is a strategic opportunity for rebuilding the scientific, technological and industrial chain that is indispensible for stabilizing the costs of electrical energy generation, reducing the dependence of raw material imports and fighting climate change.” Commenting on the adoption of Italy’s new nuclear law, the Director General of FORATOM (the association representing the European nuclear industry), Santiago San Antonio, said: “This historic decision shows that the nuclear revival across Europe continues to gather momentum and that more and more countries now recognize that the arguments in favour of nuclear energy are irresistible. It will inspire other countries that are considering a similar political path to press ahead.” To read the entire article, please visit http://www.neimagazine.com/story.asp?sectioncode=132&s toryCode=2053550 BRIEFS: BRAZIL Excerpted from Uranium Intelligence Weekly: June 15, 2009 Brazil plans to build four new nuclear plans by 2030 at two sites, a government official said last week. The first plant is expected to come on line in 2019 at a northeast site, and another site will be developed in southeast Brazil. The four new plants will be in addition to the Angra-3 reactor, where construction is expected to resume this year…The announcement, delivered by Secretary of Energy Planning Altino Ventura of the Ministry of Mines and Energy, is seen as confirmation of Brazil’s plans to significantly expand its nuclear capacity. NUCLEAR DEVELOPMENT IN CENTRAL & EASTERN EUROPE Excerpted from Ux Weekly: July 6, 2009 For years now, Central and Eastern Europe (CEE) has been moving towards nuclear energy and away from more polluting fossil fuels, which have led to elevated CO2 emissions in the region. In fact, recent geopolitical issues coupled with the disruption of gas supplies from Russia have made nuclear development a top priority to ensure energy security within the region. Toth, [Mr. Ferenc Toth, head of the Planning and Economic Studies Section for The International Atomic Energy Agency], indicated that the drivers of the future energy mix in Central and Eastern Europe are energy supply security, fossil fuel prices, climate change, and public acceptance. With the CEE countries far below meeting Kyoto 2006 GHG (greenhouse gas) emissions, nuclear power is becoming more promising, particularly with the higher percentage of coal currently utilized in the region. …while commercial nuclear plans of the CEE countries are nowhere as ambitious as that of Asia, this region certainly holds tremendous potential in closing the GDP gap with Western Europe and becoming more selfsufficient… With the need to replace older fossil generating capacity, and climate change concerns and GHG mitigation becoming increasingly important, nuclear power is not an all-purpose elixir for the CEE countries, but it certainly could be part of the cure in the years to come. G8 ENDORSES EMISSIONS CUTS AND NUCLEAR Excerpted from World Nuclear News: July 9, 2009 Leaders of the G8 have agreed goals for global greenhouse gas emission reductions and have witnessed the essential role to be played by nuclear energy. …the leaders agreed to a goal of achieving at least a 50% reduction in global greenhouse gas emissions by 2050…the G8 ‘witnessed’ that a growing number of countries see nuclear power as a means to address climate change and energy security, with an essential role in meeting the dual challenge of reducing greenhouse gas emissions and lowering fossil fuel consumption. The International Energy Agency (IEA) responded to the G8 declaration with delight at the strong focus on the need for increased investment in energy supplies, energy efficiency and low-carbon technology. The IEA’s own projections suggested that more than half of the emissions reductions required to achieve a 50% reduction in global emissions would come from energy efficiency, with greater use of renewable and nuclear power also playing important roles. To read the entire article, please visit http://www.world-nuclear-news.org/EEG8_ endorses_emissions_cuts_and_nuclear-0907096.html